96,09. USD JPY is in a range between 95,50 and 97,20. USD JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ForexTrend 1H (Mataf Trend Indicator) is in a bearish configuration. 1H, 4H, daily ForexSto (Modified Stochastic) indicate a bearish pressure on USD JPY. The price should find a support above 95,50 (59 pips). The price should continue to move in Bollinger bands.
Resistances
96,50 - 97,20
Supports
95,50 - 95,30

tags: Forex, usdjpy
author: Arnaud Jeulin
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